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Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Financial Position as of July 31, 2019

[September 11, 2019]

Western Asset Global Corporate Defined Opportunity Fund Inc. Announces Financial Position as of July 31, 2019

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE: GDO) today announced the financial position of the Fund as of July 31, 2019.

Current Q

Previous Q

Prior Yr Q

July 31, 2019

April 30, 2019

July 31, 2018

Total Assets (a)

$ 369,223,777

$ 370,544,269

$ 362,110,606

Total Net Assets (a)

$ 273,829,803

$ 268,580,213

$ 268,084,697

NAV Per Share of Common Stock (b)

$ 18.33

$ 17.98

$ 17.94

Market Price Per Share

$ 17.10

$ 16.88

$ 16.53

Premium / (Discount)

(6.71)%

(6.12)%

(7.86)%

Outstanding Shares

14,940,540

14,940,540

14,940,540

Total Net Investment Income (c)

$ 3,771,716

$ 3,613,333

$ 3,709,633

Total Net Realized/Unrealized Gain/(Loss) (c)

$ 6,004,857

$ 6,572,942

$ (3,177,777)

Net Increase (Decrease) in Net Assets From Operations (c)

$ 9,776,573

$ 10,186,275

$ 531,856

Earnings per Common Share Outstanding

Total Net Investment Income (c)

$ 0.25

$ 0.24

$ 0.25

Total Net Realized/Unrealized Gain/(Loss) (c)

$ 0.40

$ 0.44

$ (0.21)

Net Increase (Decrease) in Net Assets From Operations (c)

$ 0.65

$ 0.68

$ 0.04

Undistributed/(Overdistributed) Net Investment Income (d)

$ (3,949,982)

$ (3,194,715)

$ 1,164,017

Undistributed/(Overdistributed) Net Investment Income

Per Share (d)

$ (0.26)

$ (0.21)

$ 0.08

Loan Outstanding (d)

$ 88,000,000

$ 88,000,000

$ 84,500,000

Footnotes:
(a) The difference between total assets and total net assets is due primarily to the Fund's use of borrowings; total net assets do not include borrowings.
(b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.
(c) For the quarter indicated.
(d) As of the date indicated above.

This financial data is unaudited.

The Fund files its semi-annual and annual reports with the Securities and Exchange Commission, as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year on Form N-Q. These reports are available on the Commission's website at www.sec.gov. To obtain information on Form N-Q or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

Western Asset Global Corporate Defined Opportunity Fund Inc. is a non-diversified, limited-term, closed-end management investment company that is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc. It is sub-advised by Western Asset Management Company ("WAMCo") and certain of WAMCo's foreign-based affiliates; WAMCo and its affiliates are also affiliates of the investment manager.

For more information about the Fund, please call 1-888-777-0102 or consult the Fund's web site at www.lmcef.com. Hard copies of the Fund's complete audited financial statements are available free of charge upon request.

Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund.